Question: The firm's resource does not allow it to exploit an opportunity or neutralize a threat: The firm's resource is no worse than the competition, but

The firm's resource does not allow it
to exploit an opportunity or
neutralize a threat:
The firm's resource is no worse than
the competition, but no better either.
The firm's resource is not
particularly costly for other firms to
imitate.
The firm's resource is valuable, rare,
and costly to imitate.
The firm's resource does not allow it to exploit an opportunity

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

A firm is analyzing a resource to determine its competitive strategic potential. Read the statements about the resource and then match each item to the competitive situation of the VRIO framework...

Q:

Applying the VRIO Framework if a resource or capability controlled by a firm is not valuable, it will not enable a firm to choose or implement strategies that exploit environmental opportunities or...

Q:

Strategy formulation involves the constant search for ways in which the firm's unique resources can be redeployed in changing circumstances.' Starting resource positions are a very poor predictor of...

Q:

Help Save & Exit Submit VRIO determine whether a resource or capability is a source of competitive strategic potential for the organization. The goal of this exercise is to test your knowledge of the...

Q:

VRIO is a tool for analyzing a firm s competitive potential. This tool asks four questions about value, rarity, imitability, and organization. This activity is important because the VRIO framework...

Q:

Answer ALL and receive a like! Answer each in NO MORE THAN 60 WORDS 1- What are two approaches to identifying an organization's resources and capabilities? 2- Choose an industry (ex, manufacturing)...

Q:

Answer each question in NO MORE THAN 60 words 1- What are two approaches to identifying an organization's resources and capabilities? 2- Choose an industry (ex, manufacturing) and describe the value...

Q:

Answer ALL and receive a like! Answer each in NO MORE THAN 60 WORDS 1- What are two approaches to identifying an organization's resources and capabilities? 2- Choose an industry (ex, manufacturing)...

Q:

Answer ALL and receive a like! *Answer each question in NO MORE THAN 60 words* 1- What are two approaches to identifying an organization's resources and capabilities? 2- Choose an industry (ex,...

Q:

Please I have an article on which the questions come from. Please feel out the form appropriately. Please let me know if you can do a good job on this. I have similar exercise coming. Thanks ARTICLE...

Q:

Shawn has won a lottery paying him $10,000 per month for the next 20 years. He'd rather have the whole amount in one lump sum today. If the current interest rate is 8.2%, how much money can he hope...

Q:

Explain how to find W. A sample of 1.00 mol water vapor is condensed isothermally to liquid water at 100C and a constant pressure of 1 atm. The standard enthalpy of vaporization of water at 100C is...

Q:

a misrepresentation none of the above Question 2 1 1 pts What is the minimum number of calendar credits that must be earned to be considered "disability insured", and therefore be eligible to receive...

Q:

Assume it is Monday, May 1, the first business day of the month, and you have just been hired as the accountant for Colo Company, which operates with monthly accounting periods. All of the companys...